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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by cooper90on Dec 13, 2011 4:42pm
302 Views
Post# 19318813

RE: RE: RE: RE: Looking ahead(reply)...

RE: RE: RE: RE: Looking ahead(reply)...ytKim79....The mining and safety department of Colorado has fully approved the blue seam as of Nov 18th, I called and they said no open approvals are pending for the new ELK mine period, the blue seam was approved period.

So unless the ventiliation permit is seperate, provide back-up or analyst report?? I don't believe anything is pending at all for the blue seam.

COOPER


TORONTO, Aug. 31, 2011 /CNW/ - Cline Mining Corporation ("Cline Mining" or the "Company") (Toronto:CMK.TO) Cline Mining continues on plan to ramp up metallurgical coal production at its New Elk Mine in southern Colorado to reach the initial level of 3.0 million tons annually in the first quarter 2012. On August 24, 2011 the Company commenced to drive three new rock slopes from surface down 500 feet (at 6 degrees) to access the Blue seam which lies 50 vertical feet below the level of the coal plant site. The slopes are scheduled to be completed within 60 days at which time mining in the seam will begin with the introduction of four continuous miners in sequence from October through December this year with two additional continuous coal miners being added in the first quarter 2012.

****Cooper comments - Nov 18th Cline gets Blue seam approval (so they would not have started in October but maybe late Nov after approval above. How far along is the question right.

The six miners, organized as three super sections, will have the production capacity of 1.8 million tons of clean coal annually.

****Cooper comments - So 2 x additional miners would come on in late Q1-2012 as per the push out of the approval on the Blue seam by a month or so - not a big deal.


At the same time, current mining will continue in the Allen Mine, progressing into the Apache and Allen seams with four additional continuous miners organized into two super sections with a combined additional production capacity of 1.2 million tons of clean coal annually. The continuous miner operating in the Apache seam has now reached the ventilation shaft as scheduled enabling the mine ventilation system to be fully conformed to the mine plan. Three additional continuous miners will be gradually mobilized to complete the implementation of the two super sections and continue mining at the full rate according to plan.

As previously announced, the Company's first commercial metallurgical coal shipment was made into rail cars on August 9, 2011 from New Elk's bulk rail load-out facility. The coal met the full specification grade of New Elk's high quality metallurgical grade coal for steelmaking purposes. The New Elk metallurgical coal is a high volatile, high fluidity, high FSI and low sulfur product. An updated audio-video presentation of the mine operations, including the first rail shipment, will be available on Cline's website at www.clinemining.com.

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